Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
department-stores
Retail
Harvey Nichols Partners With Farfetch in Online Push
The department store will sell accessories and clothes through the platform as it looks to boost web sales and reach more customers online.
Harvey Nichols Partners With Farfetch in Online Push
The department store will sell accessories and clothes through the platform as it looks to boost web sales and reach more customers online.
Retail
Sales at John Lewis Hit by Snow Storm
The snow storms that blasted Britain last week also battered the department store chain, with weekly sales slumping more than 14 percent.
Sales at John Lewis Hit by Snow Storm
The snow storms that blasted Britain last week also battered the department store chain, with weekly sales slumping more than 14 percent.
Retail
Chinese Owner Plans to Sell House of Fraser Stake
Nanjing Xinjiekou plans to sell its majority stake in the troubled British department-store chain, adding to the upheaval on the UK's shopping streets.
Chinese Owner Plans to Sell House of Fraser Stake
Nanjing Xinjiekou plans to sell its majority stake in the troubled British department-store chain, adding to the upheaval on the UK's shopping streets.
Retail
Nordstrom Rejects Founding Family's Buyout Offer
A special committee at the retailer said the proposed price was inadequate and that it plans to terminate discussions unless the price offered was "substantially" improved.
Nordstrom Rejects Founding Family's Buyout Offer
A special committee at the retailer said the proposed price was inadequate and that it plans to terminate discussions unless the price offered was "substantially" improved.
Retail
Kohl's Sees Growth in Sales
It stood out against other department stores thanks to strong sales of Nike and Under Armour activewear, digital growth and new customers.
Kohl's Sees Growth in Sales
It stood out against other department stores thanks to strong sales of Nike and Under Armour activewear, digital growth and new customers.
Retail
Macy's Posts First Sales Gain in Three Years
The department store chain's quarterly sales gain shows it's making progress.
Macy's Posts First Sales Gain in Three Years
The department store chain's quarterly sales gain shows it's making progress.
Retail
Macy's Will Be the First Major US Department Store to Sell Hijabs
The chain plans to sell a collection of modest dresses, tops, cardigans and hijabs online.
Macy's Will Be the First Major US Department Store to Sell Hijabs
The chain plans to sell a collection of modest dresses, tops, cardigans and hijabs online.
Luxury
Forty Five Ten Enters New York
Launching in March 2019, the luxury multi-brand boutique's sixth outpost is a testament to the retailer's ambition to scale beyond secondary and tertiary American cities.
Forty Five Ten Enters New York
Launching in March 2019, the luxury multi-brand boutique's sixth outpost is a testament to the retailer's ambition to scale beyond secondary and tertiary American cities.
Retail
Nordstrom, the Last Great American Department Store?
What was once a humble regional chain is now, to some, the great hope of multi-brand shopping in the US. But is Nordstrom’s fun-loving, high-low merchandising strategy enough to withstand the retail apocalypse?
Nordstrom, the Last Great American Department Store?
What was once a humble regional chain is now, to some, the great hope of multi-brand shopping in the US. But is Nordstrom’s fun-loving, high-low merchandising strategy enough to withstand the retail apocalypse?
Retail
Woolworths Falls as Australia's David Jones Clothing Sales Slow
Revenue increased by 2.5 percent in the second half of 2017, compared with 6.7 percent the previous year, while stock slumped as much as 9 percent.
Woolworths Falls as Australia's David Jones Clothing Sales Slow
Revenue increased by 2.5 percent in the second half of 2017, compared with 6.7 percent the previous year, while stock slumped as much as 9 percent.
Retail
‘Consumer Boom’ Proves Real as Holiday Retail Tops Estimates
While sales rose 5.5 percent to $691.9 billion during the holiday months, department stores like Macy's and J.C. Penney saw their shares decline.
‘Consumer Boom’ Proves Real as Holiday Retail Tops Estimates
While sales rose 5.5 percent to $691.9 billion during the holiday months, department stores like Macy's and J.C. Penney saw their shares decline.
Retail
Digitising the Sales Associate
Department stores and boutiques are using new digital technologies and training to amplify one of the things that still differentiates them from online competitors: their seasoned in-store sales associates.
Digitising the Sales Associate
Department stores and boutiques are using new digital technologies and training to amplify one of the things that still differentiates them from online competitors: their seasoned in-store sales associates.
The News in Brief
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.